British Columbia Share Capital Equalization Agreement
This Equalization Agreement sets up a process by which a shareholder in a BC company who owns less than 50% of the company can contribute more capital so that both owners have the same amount of equity.
- The contributing shareholder will make installment payments to the other shareholder to buy up the number of shares required to bring his/her shareholdings up to 50% of the corporation's issued shares.
- The shares will be held in trust until all payments are made.
- Once all of the required capital has been paid in, the additional shares will be released to the contributing shareholder.
The British Columbia Share Capital Equalization Agreement is a downloadable digital template which can be personalized for your specific corporate requirements.
Last Updated: 14-Apr-2016